MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Technical analysis of Silver for September 14, 2015

Technical outlook and chart setups:

Silver is trading lower, just around the $14.50 levels for now after testing the $15.00 levels earlier. The metal should remain in control of bears until prices stay below the $15.60 levels at least. Looking to the risk reward ratio, it is recommended to initiate short positions with risk at the $15.50 levels. Immediate support is seen at the $14.00 levels followed by $13.00, $12.00 and lower, while resistance is seen at the $15.60 levels followed by $16.50, $17.50/60 and higher respectively. Only a break above the $15.50/60 levels would turn the metal bullish.

Trading recommendations:

Initiate short positions, stop is at $15.50 levels, target is open.

Good luck!

The material has been provided by InstaForex Company - www.instaforex.com